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Establishment  

Wegagen Bank S.C was established on June 11, 1997.

Wegagen Bank SC was established on the 11th of June 1997 It came to life as a result of the entrepreneurial wit of sixteen 16 founding members who recognized the critical role that financial institutions would play towards creating a sustained economic development and were able to put in an initial paid-in capital of Birr thirty million (Birr 30 Million).

Established under the banking proclamation of Licensing and Supervision, Proclamation No. 84/1994, the Bank was registered with the National Bank of Ethiopia on April 30, 1997. The Memorandum and Articles of Association of the Bank were signed on April 15th, 1997 and registered with the Addis Ababa Bureau of Trade, Industry and Tourism on April 15, 1997, Registration Number 1/34/4/89.

The Bank, as it started back then, operated through its Head Office located in Gofa Sefer, Addis Ababa. In October 2017, Wegagen moved to its 23 Storey Headquarters Building in front of Addis Ababa Stadium, Ras Mekonnen Street.

Our Values

Integrity

We do the right thing, even when no one is watching, We keep our word and honor our commitments, We maintain confidentiality and privacy of all customers

Responsiveness

We provide prompt and convenient customer service

Teamwork

We collaborate and work collectively to meet our common goals, We promote and support a diverse, yet unified team

Innovation

We adapt and respond rapidly to changes, We encourage creativity and new ideas